Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction. Go to Source
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Bitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correction. Go to Source
Investors have piled into Bitcoin ETFs over the last three trading days, but it wasn’t enough to offset Germany’s BTC selling spree. Go to Source
Singapore Exchange (SGX) CEO Loh Boon Chye has shared his insights on whether Singapore’s largest stock exchange will offer crypto-based listings. The executive emphasizes the need for a sustainable ecosystem, stating: “That really means demand, that really means governance, that really means structure.” Despite global trends and institutional pressure, Loh asserts that current conditions are … Read more
Spot bitcoin exchange-traded funds (ETFs) trading in the United States experienced their fourth straight day of net inflows on Friday. Data from sosovalue.xyz shows $73.05 million was added during the trading sessions, with Blackrock’s IBIT leading the pack. Spot Bitcoin ETFs Enjoy Four-Day Inflow Streak On Friday, the 11 spot bitcoin ETFs saw $73.05 million … Read more
Bitcoin price fell below traders’ average entry point, leading analysts to caution that the current sell-off could continue. Go to Source
As of June 25, the 11 spot Bitcoin funds that debuted in January have seen net inflows of $14.42 billion. Go to Source
Blackrock’s chief investment officer of ETF and Index Investments discussed the cautious approach financial advisors take toward spot bitcoin exchange-traded funds (ETFs) due to price volatility and regulatory concerns. “Their job is really to construct portfolios and do the risk analysis and due diligence,” the executive stressed. “They’re doing that right now.” ‘This Journey That … Read more
Bitcoin price requires high demand side liquidity to push the price out of a long-lasting consolidation. Go to Source
BTC price remains steady above $69,000; analysts say increased spot Bitcoin inflows could take the price higher. Go to Source
JPMorgan has predicted an initial negative market reaction for spot ethereum exchange-traded funds (ETFs), expecting lower demand compared to bitcoin ETFs. The global investment bank also cautions that approximately $1 billion may exit the Grayscale Ethereum Trust, putting downward pressure on ether prices shortly after the launch of spot ethereum ETFs. ‘Initial Market Reaction to … Read more